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Daily Technical Analysis

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 21, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    The GBPUSD continued it's bearish scenario on Friday. The pair bottomed at 1.4810 but closed higher at 1.4927. The bias remains bearish in longer term targeting 1.4550. However CCI about to cross -100 line up on 4h chart suggesting a potential upside pressures testing 1.5040 and 1.5190 resistance area. Immediate...

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